Hi BP,I am building a new construction duplex and am deciding whether or not to rent it out just sell it. My numbers for each are below. Which provides the best NOI? Opinions?RENT:Monthly mortgage all in is $1130. Can...
I have recently completed a permitted garage conversion to a 360 sqft ADU in the west side of Los Angeles. The project has triggered a reassessment for the addition. The assessor has used the cost-based approach with ...
This is my fourth loan with this lender, one week from closing, my LOAN ESTIMATE includes a $5,500 fee for a 6. percent on a loan of 308,000 1.804% of loan amount. (this is up from 5.77 on 4/6 no points)He says "if y...
http://www.latimes.com/business/la-fi-fannie-mae-freddie-mac-mortgage-downpayment-20141208-story.html3% down government loans will be back for first time home buyers. This should increase the cost of American's #1 exp...
The basic principles to succeed in growing your portfolio are taking consistent action, systematizing the business, and growing at a manageable pace by reinvesting and leveraging equity over time. There are ways to sp...
Here's my current portfolio. I’m looking for advice on whether to sell and move into better cash flow properties:Property 1: Florida SFR 3/2 (paid: $183K, worth $121K; rents for $925/mo.; own F&C).Property 2: Flo...
Hello everyone,We are buying our landlord's house (2 floors) we both live here on separate floors. As part of the agreement, we will let our landlord stay for life. We will not be able to sell or rent the space our la...
We're in the process of learning everything we need to know before starting to invest but I feel i'm missing something here with the numbers game. I'm looking for lasting, generational wealth by building a portfolio. ...
I recently met a woman that has 3 duplexs in a very desirable suburb of Madison, WI valued at around $1 million. She would like to sell them but are reluctant due to the amount of taxes she'd pay. She plans on passi...
I a rental property that came a long-term tenant. I would like to go up on their rent as it is a little low, but I haven't mentioned this to them yet. A couple of days ago the tenant asked if she could get new carpe...